That’s efficient price discovery for you! Free market at work. Not like what we have here, with all the govt artificial support of the housing market.

Well, this can go a long way to make our bulls better understand the economics(if they wanna)!

Yes, and there were plenty of aristocrats in Spain too. Not only Brits were buying. I know lots of Russian oligarchs bought there too, with plenty of petro-dollars falling out of their pockets. But, in the end, even that didn't stop the price from crashing.

‘As for help from the government there is nothing. If I was in England I would get help with the council tax and pension credits, but because I am in Spain there is nothing. They don’t hand out anything for free here - it’s terribly depressing.’

I should move to spain! It seems like rent/house prices are not supported by thier governemnt giving all poor and/or liars free money.

Here in LA I know of a mentally retarded guy who lives in a brand new 2 bed lux apt funded by taxpayers, he cant work. I live in a crappy old 1 bedroom and work everyday. nice system we got here.

‘As for help from the government there is nothing. If I was in England I would get help with the council tax and pension credits, but because I am in Spain there is nothing. They don’t hand out anything for free here - it’s terribly depressing.’

I should move to spain! It seems like rent/house prices are not supported by thier governemnt giving all poor and/or liars free money.

Here in LA I know of a mentally retarded guy who lives in a brand new 2 bed lux apt funded by taxpayers, he cant work. I live in a crappy old 1 bedroom and work everyday. nice system we got here.

Wow, someone with a severe disability gets help. Absolutely shocking. What is the world coming to?

Here in LA I know of a mentally retarded guy who lives in a brand new 2 bed lux apt funded by taxpayers, he cant work. I live in a crappy old 1 bedroom and work everyday. nice system we got here.

I doubt that the entire "lux apt" as you call it is funded by the taxpayer. Maybe he's a section 8 tenant and there are a few units set aside, or his family has set up a special needs trust for him and he pays the full rent charged. Several cities in California such as SF, Oakland, Berkley, Pasadena, L.A., Monrovia, etc., require that a certain percentage of the units be set aside for low or very low income housing in order to get the permits to put up new construction. Some of those units have to be handicap friendly inside as well with lower counters, larger hallways, bathrooms, etc.

As Bigsby sarcastically says........How shoking that society helps someone with a severe disability.